Brief: Insplorion Focus Fully On Hydrogen

Insplorion AB

28/09/2022 07:05

Sept 28 (Reuters) - Insplorion AB  INSPL.ST :
    * INSPLORION FOCUS FULLY ON HYDROGEN
    * REVIEW OF INSPLORION'S BUSINESS WAS INITIATED IN
CONNECTION WITH
CEO CHANGE AT BEGINNING OF 2022, AND THIS WORK HAS NOW BEEN
COMPLETED
    * BOARD AND MANAGEMENT HAVE NOW DECIDED THAT COMPANY NEEDS A
STRONGER FOCUS IN ITS OPERATIONS REGARDING BUSINESS APPROACH AND
TECHNOLOGY DEVELOPMENT
    * NEW STRATEGIC DIRECTION: FOCUS ON HYDROGEN WITH A
MAINTAINED
INSTRUMENT BUSINESS, DOWN-PRIORITIZE AREAS WHERE RIGHT
TECHNOLOGY AND MARKET CONDITIONS ARE UNFAVORABLE
    * NEW STRATEGIC DIRECTION: ACCELERATE PATH TO COMMERCIAL
PHASE BY
EXPLORING ALTERNATIVE WAYS IN FORM OF ACQUISITIONS, MERGERS, AND
PARTNERSHIPS

Source text for Eikon:  ID:nWkrbr310s 
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